Followers of the ITA Risk Reduction model may be puzzled as to why I continue to hold a full load of RWX, the international real estate ETF. After all, is the price not below the 195-Day Exponential Moving Average (EMA)? Yes, the rule calls for a sell. However, in this case I applied a PnF judgment call and it looks like the following. We are looking at a "High Pole Warning" but not an outright sell.
One of the motivations to move to the ITA Risk Reduction model was the fact that the Euclid was trailing its benchmarks. Had I stayed the course with this portfolio the catch-up game was not going to be easy. Even with the ITARR, this is not going to be a cake-walk. Platinum members can view the current Dashboard in the following screen shot.